It is still beyond any reasonable doubt that the age of the newspaper, at the very least, is over. Requiescat in pace, but do not weep. Wasteful, relatively expensive, and ultimately ephemeral, there is nothing that a newspaper provides in print that cannot be provided exactly as well online. (Except perhaps the deplorable registration of their high-speed print processes.) And those at the helm are not ignorant of this. Some new business paradigm will be required to successfully meet the demands of a generation that scoffs at now-quaint constraints of old print media: word count, production costs, and distribution.
This is an important piece. It gets to the heart of the matter and draws the proper distinctions. Do read the whole thing.